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There are at least 30-50 different regulated forex brokers offering their services for forex trading starters today. Here are some things to consider when making your decision: The next urgent thing is the transparency of your forex broker trading platform. Sometimes they FX Profit Thunder charge you hidden fees/costs and you may not even know about it. Remember - your forex broker must not use these cheats, he's here to help you as a forex starter - so make sure he claims on his site that there aren't any hidden fees at all. Another useful advice is: do not use a forex brokers platform that's complicated or needs to download endless hundreds of megabytes to your hard drive. It must be simple and handful - that's the primary purpose of it. Also it shouldn't be buggy and crash every hour, that's inadmissible! So pick yourself the software that's easy to use and effective as others.

The term Forex is derived from the foreign exchange with the trading of the foreign currencies popularly known as Forex trading and the place where the forex trading is done is known as the Forex market. The currency of any country commands its own price with reference to the currency of any other nation. The difference between the values of these two currencies is taken into account during the Forex trading. The Forex market is a 24 hour, 5 days a week cash market where currencies of different nations are traded through global Forex dealers. Foreign currencies are continuously bought and sold across local and international Forex markets and the value of a particular currency may change against other international currencies from time to time. The goal of Forex trading is to earn profit from foreign currency value movements. Forex trading is always done in a pair of currencies like the EURO/USD or AUD/USD.

With Forex trading, usually it is desirable to trade only when it is expected that the currency you are buying is likely to increase in value relative to the currency you are selling. However, the Forex market is mostly speculative. Forex Trading is the largest financial trading market in the world. In Forex trading, when you buy the currency of a particular country, you are investing your money in the economy of that particular country. If the economy of that particular country is healthy, then the value of your investment will increase, and you will make a profit and if the economy of that county is in bad shape then the value of your investment may decrease and you may end up in a loss. Usually the Forex market is considered as the most volatile market in the world.

The Forex market came into existence way back in the year 1971. Till recently the requirement for the start of Forex trading required a huge investment and only individuals and companies with tens of millions of dollars could afford to trade in the Forex market. But the scenario has changed now completely and you can get started with an investment of as little as $50. Most of the trade in the Forex market includes U.S. Dollars (USD), Euros (EUR), Japanese Yen (JPY), UK Pounds (GBP), Swiss Francs (CHF), Canadian Dollars (CAD) and Australian Dollars (AUD) and these currencies are considered as the most popular currencies in the Forex trade. Since the Forex market is open 24 hours, you can trade in the Forex market any time that suits you best.

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